The Times recently had a very interesting article on the value of parks.
It reckons London’s parks helps save £370m a year in mental health related costs, in addition to the physical health benefits from providing places for people to exercise, the environmental benefits such as cooling urban heat and storing and filtering rainwater, and their trees absorbing air pollutants and carbon dioxide and the wildlife conservation, benefits especially for endangered species. All in all the article claims that for every £1 spent on parks, £7 is generated in added value for the community. We wonder what value would be put on Richmond Park?
There is further reading in this useful report by The Parks Alliance “Making parks count: The case for parks”